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Bitcoin Price Could Fall To $72.5K Before Next Rebound — Here’s Why
After a terrible start to the weekend, the Bitcoin price jumped back to life on the back of news of a potential agreement between the United States and Iran. However, ignoring the potential impact of fresh geopolitical news or events, the current price structure suggests that new investors would be ...NewsBTC
Sun, May 24
Dogecoin Price Repeating 2024 Setup With Retest Of Fib Fan Before Possible Breakout Wave
Dogecoin is at a technical area that will look very familiar to traders who followed its 2024 rally. The weekly chart shows Dogecoin is pressing into a long-term Fibonacci fan structure drawn from the 2021 peak, with the current retest coming near the 0.618 Fib fan after a similar 0.5 Fib fan retest...NewsBTC
Sun, May 24
FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details
In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves allegations from FTX customers who accused the ...Bitcoinist
Sun, May 24
Aave founder declares 12 months of 'revenue-led protocol strategy.'
Aave, the leading lending protocol, will be pursuing a “revenue-led protocol strategy” over the next 12 months, according to its founder, Stani Kulechov. Kulechov believes this is the next phase for DeFi to move past the phase of token speculation, writing on X, “Sustainable, consistent revenue is what proves that DeFi can evolve beyond pure...Cryptopolitan
Sun, May 24
Bitcoin LTH Supply Surge Does Not Reflect Real Demand — Here’s Why
The price of Bitcoin seemed set for another round of pain over the weekend after falling below the psychological $75,000 level on Saturday morning. However, the premier cryptocurrency has somewhat recovered and is looking to reclaim $77,000 as of this writing. At the same time, an increase in the su...NewsBTC
Sun, May 24
Trump administration suspended CFTC officials who challenged prediction market firms, NYT reports
The New York Times is stirring the pot with an investigation it published today May 24, claiming that Trump appointees at the Commodity Futures Trading Commission (CFTC) probed and placed officials, including senior staff, who did not fall in line with its plans for prediction markets on administrative leave. Career officials had flagged problems with...Cryptopolitan
Sun, May 24
XRP Price Structure Points To One Final Shakeout Before A Possible Surge
XRP is in a compression phase, and technical analysis indicates that the price action may be approaching a point where patience turns into panic before direction finally becomes clear. XRP’s chart setup is filled with uncertainty, but there’s one critical support level that could decide XRP’s ...NewsBTC
Sun, May 24
Ethereum Price Stuck In Downtrend Despite Strong Spot Demand
The Ethereum price resumed its downtrend on Friday, May 22, after consolidating throughout the week. As a result of this distribution round, the second-largest cryptocurrency dropped by approximately 6.2%, forming a local bottom at $2,020. Although Ethereum has an ostensibly bearish structure, a rec...Bitcoinist
Sun, May 24
Ethereum Pullbacks Spark Accumulation Activity – Here’s Why
Over the past two weeks, the Ethereum price has trended downward, sparking fears of another prolonged correction. However, data from a recent on-chain analysis indicate that the long-term bullish case for Ethereum remains quite strong. Related Reading: Solana Vs Ethereum: What’s Holding Growth Back?...NewsBTC
Sun, May 24
AI pet collar claims it can decode cats and dogs with 95% accuracy
A collar from Hangzhou is telling pet owners that the noise from the sofa, the hallway, or the food bowl may soon arrive as a sentence on their phones. Pettichat, a product by Meng Xiaoyi, is a device that translates animal vocalizations and behavior to give an idea of what a pet might be feeling...Cryptopolitan
Sun, May 24
Auto AI hype runs ahead of profits as adoption costs bite
Most auto AI features are still not paying their own bills, even after years of investment across voice tools, driver prediction systems, connected car services, and digital shopping products. A live poll run during an SBD Automotive webinar found that only 18% of AI features are profitable for most attendees. See, automakers can build AI,...Cryptopolitan
Sun, May 24
Ethereum Smart Money Might Be Repeating This Playbook — ETH Soared 173% Last Time
After a fairly good performance in April, the Ethereum price has reversed almost all its recent gains over the past month. As it crumbled under the weight of the bears heading into the weekend, the altcoin eventually found a cushion of support just above $2,000 in the early hours of Saturday.However...Bitcoinist
Sun, May 24
XRP Confirms Negative Breakout With Price Headed For $1.14 – Analyst
Over the last week, the XRP market endured a dominantly bearish mood. During this time, the altcoin’s price declined by more than 5% amid general market struggles. A broader overview shows that XRP has remained range-bound between $1.29 and $1.55, with this range stretching back to February. H...NewsBTC
Sun, May 24
ZachXBT says StablR-linked contracts hacked for more than $3 million, EURR & USDR crash by 20%
On-chain sleuth ZachXBT said two contracts tied to European stablecoin issuer StablR may have been drained in a live exploit worth about $10 million, with EURR and USDR both falling more than 20% below peg.Cryptopolitan
Sun, May 24
Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details
The 13 US Bitcoin Spot ETFs closed out last week with $1.26 billion in net withdrawals, amid significant price losses in the broader crypto market. Notably, data from SoSoValue shows this is the heaviest outflow from the Bitcoin ETF market since the last week in January, when investors’ activi...Bitcoinist
Sun, May 24
The Old 60/40 Safety Net Will Fail if the Next Market Shock Is Global Inflation
The old 60/40 portfolio can break badly if the next market shock comes from global inflation. That is the ugly part investors are being forced to deal with now. Bonds are expected to form the conservative side of any investment portfolio. Bonds offer stable returns, minimize volatility, and act as an insurance against falling equities...Cryptopolitan
Sun, May 24
U.S. Has Added Nearly 2,000 Sanctions on Iran Since 2018
Iran has spent more than a month under Washington’s new “Economic Fury” sanctions drive, and the country has still not given the Trump administration what it wants. The campaign began on April 16 with a promise to use the “full range of available tools and authorities” against Tehran’s economy. That sounds big, but the early...Cryptopolitan
Sun, May 24
Telegram's Durov Piles on as Meta, Discord Fight Texas Lawsuits
WhatsApp and its parent company Meta (NASDAQ: META) have received lawsuits from the state of Texas regarding their privacy encryption. The company has been accused of violating the state’s Deceptive Trade Practices Act. Telegram’s founder, Pavel Durov did not miss the opportunity to pile on, writing the latest chapter in the long history of the...Cryptopolitan
Sun, May 24
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